Investors eye property in Spain

June 3, 2013 | Last updated on June 3, 2013
1 min read

Sareb, a Spanish “bad bank,” is attempting to woo international investors by selling distressed homes in the Andalucia and Valencia areas, reports ft.com.

And it may be working — the news has attracted interest from private equity buyers. The deal is expected to raise €200m for Sareb, says ft.com, and could be the start of a recovery in the housing market.

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